Air Arabia PJSC (DFM:AIRARABIA) COGS-to-Revenue : 0.77 (As of Dec. 2023)

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What is Air Arabia PJSC COGS-to-Revenue?

Air Arabia PJSC's Cost of Goods Sold for the three months ended in Dec. 2023 was د.إ1,192 Mil. Its Revenue for the three months ended in Dec. 2023 was د.إ1,545 Mil.

Air Arabia PJSC's COGS to Revenue for the three months ended in Dec. 2023 was 0.77.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Air Arabia PJSC's Gross Margin % for the three months ended in Dec. 2023 was 22.87%.

Air Arabia PJSC COGS-to-Revenue Historical Data

The historical data trend for Air Arabia PJSC's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Air Arabia PJSC COGS-to-Revenue Chart

Air Arabia PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.75

0.97

0.72

0.73

0.72

Air Arabia PJSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.69	0.72	0.67	0.73	0.77

Air Arabia PJSC COGS-to-Revenue Calculation

Air Arabia PJSC's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4343.184	/	5999.75
	=	0.72

Air Arabia PJSC's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1191.76	/	1545.098
	=	0.77

Air Arabia PJSC (DFM:AIRARABIA) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Air Arabia PJSC's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1191.76 / 1545.098
	=	22.87 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Air Arabia PJSC COGS-to-Revenue Related Terms

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Air Arabia PJSC (DFM:AIRARABIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Arabia PJSC (DFM:AIRARABIA) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 132, Sharjah, ARE

Website

https://www.airarabia.com

Air Arabia PJSC is a group of airlines and companies offering travel and tourism services around the world. It consists of a handful of international hubs located in North Africa and the Middle East. Additionally, it provides ground handling and MRO (maintenance, repair, and overhaul), flight simulators and training, and hospitality services. Flight destinations are spread across North Africa, the Middle East, Asia, and Europe.

Air Arabia PJSC (DFM:AIRARABIA) Headlines

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